Why startups and entrepreneurs need a smart patent strategy [Q&A]

Ken Seddon is the CEO of the non-profit patent protection network LOT. The organization’s members include Google, Red Hat, Lenovo, Pega and other big players, as well as dozens of startups in areas such as transportation, blockchain, and software. Startups are disproportionately impacted by patent trolls and we chatted with Ken about how a smart, assertive IP strategy can help protect their businesses. BN: Aren’t patent protection strategies really for big companies with big patent portfolios? KS: Not at all. In fact the exact opposite is true. Large companies already have an established product, successes in a market, and a…